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Bitumen Market Evolving Industry Trends and Key Insights By 2026

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The rising number of property renovation plans and advanced construction systems globally is fuelling the market growth. – PowerPoint PPT presentation

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Title: Bitumen Market Evolving Industry Trends and Key Insights By 2026


1
Bitumen Market To Reach USD 112.01 Billion By 2026
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2
Market Summary
Accelerated urbanization in emerging regions
across the globe will boost Market
growth. Bitumen Market Size USD 76.91 Billion
in 2018, Market Growth - CAGR of 4.7, Market
Trends The rising number of property
renovation plans and advanced construction
systems globally is fuelling the market growth.
3
Our Approach
Market Summary
  • The global Bitumen Market is estimated to reach
    112.01 Billion by 2026, according to a new report
    by Reports and Data. This can be mainly
    associated with the rising government policies
    towards infrastructural and roads development by
    using Public models such as Public-Private
    Partnership (PPP) across developed as well as
    developing nations.
  • Rising utilization of product0 in maintenance
    industry and road construction are also some of
    the important driving factors of the market. The
    product is used extensively to form asphalt
    concrete as a binder mixed with aggregate
    particles. Rise in bitumen usage, especially in
    waterproofing, roadways, insulation, etc. will
    spur the market in the construction and
    infrastructure industry. Bitumen is a mixture of
    black, very sticky, and viscous organic liquids
    that are sufficiently soluble in carbon disulfide
    and composed initially of highly compressed
    polycyclic aromatic hydrocarbons.
  • Key participants include Indian Oil Corporation,
    Chevron Texaco Corporation, China Petroleum and
    Chemical Corporation, Total, British Petroleum,
    JX Nippon Oil Energy Corporation, Villas
    Austria, Royal Dutch Shell, Marathon Oil
    Corporation, Petroleos Mexicanos, NuStar Energy,
    Nynas, Exxon Mobil, Bouygues, Imperial Oil.
  • To Get Sample Copy of Report visit _at_
    https//www.reportsanddata.com/sample-enquiry-form
    /1271

4
Our Approach
Market Summary
  • For the purpose of this report, Reports and Data
    have segmented global Bitumen Market on the basis
    of Type, Application, Product type and region
  • Type Outlook (Volume, Kilo Tons and Revenue, USD
    Million 2016-2026)
  • Rapid setting (RS)
  • Medium setting (MS)
  • Slow setting (SC)
  • Product Outlook (Volume, Kilo Tons and Revenue,
    USD Million 2016-2026)
  • Paving grade bitumen
  • Oxidized bitumen
  • Cutback bitumen
  • Bitumen emulsion
  • Polymer modified bitumen (PMB)
  • Others

5
Our Approach
Market Summary
  • Application Outlook (Volume, Kilo Tons and
    Revenue, USD Million 2016-2026)
  • Roadways
  • Waterproofing
  • Adhesive
  • Insulation
  • Others
  • Regional Outlook (Volume, Kilo Tons and Revenue,
    USD Billion 2016-2026)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA
  • Click here to Get customization check available
    discount for the report _at_ https//www.reportsandda
    ta.com/discount-enquiry-form/1271

6
Our Approach
Market Summary
  • Further key findings from the report suggest
  • Generally, bitumen is a tar-like sort of
    petroleum which is so thick, heavy, and dense
    that it must be diluted or heated before it could
    flow. Bitumen mostly comprises sulfur and several
    heavy metals such as lead, vanadium, nickel,
    mercury, chromium, and other toxic elements.
  • Stringent regulatory compliances regarding the
    extraction of bitumen and the initiation of some
    of the available alternatives to the product like
    concrete are anticipated to prevent the progress
    of the bitumen market soon. Moreover, the
    addition of a bio-based product like bio-bitumen
    may reduce market growth during the forecast
    period.
  • However, companies have expanded RD spending to
    innovate and develop affordable new technologies
    to overcome the challenges, which are expected to
    create enough opportunities for the existing as
    well as new market players. It needs low
    maintenance which is further expected to create
    profitable opportunities for the market players.
  • The polymer modified segment (PMB) is valued at
    USD 5.14 Billion in 2018 and is estimated to
    reach USD 7.44 Billion by 2026, at a CAGR of 4.6
    during the forecast period, due to its widespread
    usage in road surfacing and industrial
    applications. Addition of polymers in natural
    bitumen makes the mixture more cohesive with
    notable resistance to deformations for road
    pavementsContinued
  • Browse the comprehensive TOC and data tables _at_
    https//www.reportsanddata.com/report-detail/bitum
    en-market

7
Our Approach
About Us
  • Reports and Data is a market research and
    consulting company that provides syndicated
    research reports, customized research reports,
    and consulting services. Our solutions purely
    focus on your purpose to locate, target and
    analyze consumer behavior shifts across
    demographics, across industries and help clients
    make a smarter business decision. We offer market
    intelligence studies ensuring relevant and
    fact-based research across a multiple industries
    including Healthcare, Technology, Chemicals,
    Power, and Energy. We consistently update our
    research offerings to ensure our clients are
    aware about the latest trends existent in the
    market. Reports and Data has a strong base of
    experienced analysts from varied areas of
    expertise.
  • Contact Us
  • John Watson
  • Head of Business Development
  • Reports And Data Web www.reportsanddata.com
  • Direct Line 1-212-710-1370
  • E-mail sales_at_reportsanddata.com
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